Reliance Global Group, Inc.
RELI
NASDAQ
0.9501
USD-0.02(-2.04%)
As of today
Reliance Global Group, Inc. fundamentals
RELI Income Statement
| Period Ending | Aug 31, 2013 | Aug 31, 2014 | Aug 31, 2015 | Aug 31, 2016 | Aug 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 43,401 | 213,132 | 75,604 | 18,900 | 39,068 | 20,650 | 4,450,785 | 7,279,530 | 9,710,334 | 16,755,884 | 13,731,826 | 14,054,361 | |
| Cost of Revenue | 67,272 | 89,832 | 114,668 | 19,041 | 3,075 | 101,894 | 3,022,247 | 5,224,036 | 7,100,282 | 11,976,785 | 11,235,991 | 11,416,409 | |
| Gross Profit | -23,871 | 123,300 | -39,064 | -141 | 35,993 | -81,244 | 1,428,538 | 2,055,494 | 2,610,052 | 4,779,099 | 2,495,835 | 2,637,952 | |
| Gross Profit Margin | -0.55 | 0.579 | -0.517 | -0.007 | 0.921 | -3.934 | 0.321 | 0.282 | 0.269 | 0.285 | 0.182 | 0.188 | |
| R&D Expenses | 0 | 0 | 0 | -44.103 | 49,000 | 20.424 | -0.785 | -0.504 | -2.173 | 1.833 | 0 | 0 | |
| General & Administrative Expenses | 11,686 | 195,589 | 251,874 | 487,008 | 128,149 | 826,438 | 3,638,896 | 4,205,797 | 3,589,221 | 6,717,889 | 4,089,989 | 4,219,635 | |
| Selling & Marketing Expenses | 48,000 | 0 | 0 | 0 | 0 | 6,314 | 165,574 | 168,778 | 325,838 | 2,584,895 | 364,974 | 357,697 | |
| SG&A Expenses | 59,686 | 195,589 | 251,874 | 487,008 | 128,149 | 20.424 | 3,804,470 | 4,374,575 | 3,915,059 | 9,302,784 | 4,454,963 | 4,577,332 | |
| Other Expenses | 0 | 271,288 | 339,189 | 346,397 | 324,167 | 1,471,791 | 727,979 | 1,325,337 | 1,607,313 | 2,801,824 | 11,920,064 | 5,755,939 | |
| Total Operating Expenses | 275,748 | 466,877 | 591,063 | 833,405 | 501,316 | 1,437,927 | 4,532,449 | 5,699,912 | 5,522,372 | 12,104,608 | 16,375,027 | 10,333,271 | |
| Total Costs & Expenses | 343,020 | 556,709 | 705,731 | 852,446 | 504,391 | 300 | 7,554,696 | 10,923,948 | 12,622,654 | 24,081,393 | 27,611,018 | 21,749,680 | |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Expense | 0 | 0 | 0 | 0 | 179,659 | 0 | 0 | 0 | 0 | 918,026 | 1,656,253 | 1,583,610 | |
| Depreciation & Amortization | 216,062 | 271,288 | 339,189 | 852,446 | 504,391 | 1,070,689 | 7,462,524 | 10,923,948 | 30,495,472 | -10,722,941 | 2,609,191 | 1,786,068 | |
| EBITDA | -83,557 | -72,289 | -290,938 | -487,149 | -141,156 | -491,790 | -2,375,932 | -2,301,465 | -1,305,007 | -3,943,824 | -5,759,824 | -5,702,000 | |
| EBITDA Margin | -1.925 | -0.339 | -3.848 | -25.775 | -3.613 | -23.815 | -0.534 | -0.316 | -0.134 | -0.235 | -0.419 | -0.406 | |
| Operating Income | -299,619 | -343,577 | -630,127 | -833,546 | -960,564 | 88,419 | -3,103,911 | -3,644,418 | 14,740,488 | -7,325,509 | -13,879,192 | -7,695,319 | |
| Operating Income Margin | -6.904 | -1.612 | -8.335 | -44.103 | -24.587 | 4.282 | -0.697 | -0.501 | 1.518 | -0.437 | -1.011 | -0.548 | |
| Total Other Income/Expenses (Net) | 0 | 0 | 6,197 | 0 | -1,617,865 | -337,184 | -391,570 | -54,587 | -18,186,145 | -922,891 | 3,853,924 | -1,376,265 | |
| Income Before Tax | -299,619 | -343,577 | -623,930 | -833,546 | -2,578,429 | -961,620 | -3,495,481 | -3,699,005 | -21,098,465 | 6,466,162 | -10,025,268 | -9,071,584 | |
| Pre-Tax Income Margin | -6.904 | -1.612 | -8.253 | -44.103 | -65.998 | -46.568 | -0.785 | -0.508 | -2.173 | 0.386 | -0.73 | -0.645 | |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | -1,050,040 | 0 | -508,700 | 17,652,808 | -28,165,045 | 0 | 0 | |
| Net Income | -299,619 | -343,577 | -623,930 | -833,546 | -2,578,429 | 421,751 | -3,495,481 | -3,190,305 | -38,751,273 | 34,631,207 | -12,009,982 | -9,071,584 | |
| Net Income Margin | -6.904 | -1.612 | -8.253 | -44.103 | -65.998 | 20.424 | -0.785 | -0.438 | -3.991 | 2.067 | -0.875 | -0.645 | |
| Earnings Per Share (EPS) | -15.6 | -16.65 | -28.8 | -37.79 | -115.52 | 6,723.61 | -18.22 | -8.16 | -57.57 | 31.63 | -10.23 | -9.01 | |
| Diluted Earnings Per Share (EPS) | -15.6 | -16.65 | -28.8 | -37.79 | -115.52 | 6,723.61 | -18.22 | -8.16 | -57.57 | 31.63 | -10.23 | -9.01 | |
| Weighted Average Shares Outstanding | 19,204 | 20,637 | 21,666 | 22,060 | 22,321 | 62.727 | 191,853 | 390,867 | 673,136 | 1,094,983 | 1,173,891 | 1,007,020 | |
| Weighted Average Shares Outstanding (Diluted) | 19,204 | 20,637 | 21,666 | 22,060 | 22,321 | 62.727 | 191,853 | 390,867 | 673,136 | 1,094,983 | 1,173,891 | 1,007,020 |